Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
Why do we work? Why do we work? The obvious answer to this question would be that we need the money and benefits to support our families and ourselves. However, is money the only criterion for working? Moreover, many work to remain productive and active throughout their adulthood without which they would lapse into depression […]
Should We Follow Joe Biden’s Approach in Dealing with Bad Workplace Behaviour? Recently, the incoming President of the United States held a Zoom call with his key staffers and warned them that if ever he came across anyone of his staff talking down or being disrespectful to their colleagues, he would immediately fire them on […]
The new year has had a promising start. The Covid vaccine campaigns being run in most parts of the world promises a way out of this pandemic. It also means businesses need to brace up for opening their doors once again. However, it will require adequate planning and elaborate measures to assure the employees to […]
In the contemporary world, rewards for better performance and success matter more than the actual achievement itself. Indeed, as the global financial crisis showed, rewards were everything for the bankers as they strove for more reckless bets and increasing risk taking. Because of the system of flawed incentives, rewards were seen to the ultimate prize […]
The Difference Between Running Your Own Business and Working for One Entrepreneurship is by definition risky and an entrepreneur is one who takes risk with either his or her money or money raised from financial institutions and venture capitalists. Hence, entrepreneurs must keep in mind the fact that they need to be cautious and prudent […]
A career development program is a planned mechanism to integrate a series of activities related to individual career planning by the employees and organizational career management for the employees.
The main objective of designing and developing a career management program is to provide employees with an opportunity to grow within the organization and expand their horizons and upgrade and use their skills to maximum possible extent so that the organization can be benefited ultimately.
Times have changed and so have the needs and aspirations of employees. Gone are the days when they would stick to their job until their retirement.
In today’s world, when there is so much to explore and achieve, they simply can’t afford to be static. They need continuous development and evolvement of themselves and reach new heights.
Career program in such a scenario tries to strike a balance between the employee requirements and objectives and organizations requirements and objectives.
The entire program is a consortium of several activities and workshops that help in fostering better communication at all levels of organization so everyone can understand each other’s requirements, skills and competencies.
The program also gives employees an opportunity to understand their own desires and aspirations and feasibility of their goals so that they can assess their skills and competencies and therefore, set realistic goals.
Once a career program is introduced in the organization, the top management has to make sure that it serves the purpose for which it has been introduced and implemented. There are several factors that indicate the effectiveness of a career program. By assessing and analyzing them, the HR professionals can measure till what extent the program has been successful.
Lesser the difference between the two, more successful the program is. But before matching the two, HR managers should make sure that the set standards were feasible to achieve and achieved output is calculated without any bias.
Along with this, a positive change in the attitude and behaviour of employees and adequacy of organizational career information can also be seen as indicators of career program effectiveness.
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